07:40am  Nice lazy day at home ahead of a long weekend away beginning tomorrow morning. If I have any trades during the day I will report back here.

Market Update:

The markets yesterday were boosted by U.S. technology and healthcare shares as the Nasdaq index hit a record high and this bullishness spilled over into the overnight Asian session with the Nikkei 225 ending up on the day. There was also some guarded optimism yesterday over the Greek debt repayment situation although rumours of the new government having enough funds to pay the next instalment has been largely quashed by the ECB late on in the day even though the Syriza party has insisted it does have the money ready and waiting.

European markets are still struggling to find any lasting direction and although the G7 meetings are underway it’s really the ongoing problems with Greece that will give traders clues in the next week or so. The slight hope of a amicable outcome momentarily halted the Euro’s sharp decline and the EUR/USD ended 25 pips up at $1.0900 and after the overnight Asian session it still in a bullish mood, currently sitting at $1.0929.

Crude oil prices are still falling although today’s U.S. stock situation may reverse this as it is expected the numbers may fall slightly – WTI Crude ended Wednesday’s session at $57:66 and is currently consolidating around the $57:53 level.

Trading Diary:

09:05am    The markets are still sorting themselves out as the the European session gets going but have just got into a quick ‘long’ UTB position on my UK FTSE 100 chart — stop loss is just 10 pips.

10:05am   Going off for cycle ride with a neighbour so I have closed off the FTSE position as I am happy with the +20 pip profit.

13:10pm   No more trading for me today, I’ve just been invited to a clay pigeon shoot down the road.